ESG FINANCING AND BIOECONOMY IN UKRAINIAN POSTWAR DEVELOPMENT: SYNERGIZING EUROPEAN AND GLOBAL PERSPECTIVES

Authors

Keywords:

bioeconomy, economic security, economy, ESG financing, governance, structural reforms.

Abstract

This article formulates a theoretical approach to ESG financing and bioeconomy in Ukrainian postwar development based on a review of European and global literature. The research applies bibliographic analysis following the PRIS- MA standard. The study examined and confirmed the synergy of the following three hypotheses: the irreversibility of the bioeconomic transformation is due to shifts in risks associated with resource use (H1); the ESG financing is an inherent part of the overall financing system for postwar economic development (H2); the Ukrainian economy’s prosperity will be based on the ESG financing and bioeconomy development (H3). The article emphasises the relationship between structural reforms of the economy, the formation of an ESG financing system, and bioeconomy development in line with European principles as strategic directions for enhancing the economic security of Ukraine. It is substantiated that the integration of the European principles of bioeconomy and ESG financing into the strategic planning for national development increases the level of economic security, reduces the risks of dependence on raw material markets, and creates prerequisites for innovative growth. A limitation of the study and a prospect for further research is the absence of multidisciplinary frameworks that identify the elements of economic, social, and environmental systems critical to bio-based transformation processes and their outcomes.

JEL: O12, Q01, Q28.

Author Biographies

Nina PETRUKHA, Kyiv National University of Construction and Architecture, Kyiv, Ukraine. 

PhD (Economics), Associate Professor, Department of Management in Construction

Serhii PETRUKHA, West Ukrainian National University, Ternopil, Ukraine. 

PhD (Economics), Associate Professor, Department of Construction Engineering, Transport and Logistics

Liudmуla AKIMOVA, National University of Water and Environmental Engineering, Rivne, Ukraine. 

DSc (Public Administration), Professor, Cyprus University of Technology, Limassol, Cyprus; Department of Human Resources and Entrepreneurship

Olena STOLIARENKO, National Academy of the Security Service of Ukraine, Kyiv, Ukraine. 

DSc (Economics), Associate Professor, Department of Financial and Economic Security

Oleksandr AKIMOV, Scientific and Methodological Center for Personnel Policy of the Ministry of Defense of Ukraine, Kyiv, Ukraine. 

DSc (Public Administration), Professor, Department of Public Administration, Interregional Academy of Personnel Management

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Received: March 3, 2026.

Reviewed: April 30, 2026.

Accepted: June 10, 2026.

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Published

30.06.2026

How to Cite

PETRUKHA, Nina, et al. “ESG FINANCING AND BIOECONOMY IN UKRAINIAN POSTWAR DEVELOPMENT: SYNERGIZING EUROPEAN AND GLOBAL PERSPECTIVES”. Journal of European Economy, vol. 25, no. 2, June 2026, pp. 260-8, https://jeej.wunu.edu.ua/index.php/enjee/article/view/1931.